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Nike in Q3 loss amid Tax Act, acquires Zodiac
2018-03-23 12:41:00| Daily apparel & textile news and comment - from just-style.com
Shares in Nike Inc slipped this morning (23 March) after a 4.47% hike in after-hours trading as the US sporting goods giant booked a loss in its third-quarter and announced the acquisition of a leading consumer data analytics firm as part of its Consumer Direct Offense strategy.
Next earnings tumble amid difficult clothing market
2018-03-23 11:52:00| Daily apparel & textile news and comment - from just-style.com
UK clothing and homewares retailer Next Plc has seen its annual profits fall by 8% as the company described 2017 as the most challenging year it has faced for 25 years.
Tags: market
difficult
clothing
earnings
Moss Bros shares fall amid profit warning
2018-03-21 11:11:00| Daily apparel & textile news and comment - from just-style.com
Shares in Moss Bros Group tumbled more than 18% this morning (20 March) after the men's wear retailer warned it expects profit for the year ending January 2019 to be at a level that is "materially lower than current market expectations".
Tags: fall
profit
warning
shares
Facebook shares slide amid privacy backlash
2018-03-19 17:02:10| BBC News | Business | UK Edition
Politicians call on the social network to testify over its protection of user data.
Tags: privacy
shares
slide
facebook
Langer to remain as Hugo Boss CEO amid FY sales hike
2018-03-08 11:07:00| Daily apparel & textile news and comment - from just-style.com
German fashion brand Hugo Boss has agreed to extend the tenure of its CEO Mark Langer for a further three years after successfully putting the business "back on the road to growth".
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